That corresponds with my longer term projection — see the red dotted line in the last graph:
https://steemit.com/bitcoin/@lighteye/bitkoin-khipertalas-ili-kako-ne-stradati-na-kriptovalutama
Text is in Serbian, and it explains that you can get real price of Bitcoin by simply connecting all the lowest points on the historical price graph. Everything above that (black line with red dots) is a speculative price.